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ThePennyTrader

02/01/09 12:02 AM

#4842 RE: Argyll #4838

I wouldn't exactly call the issuance of CINT stocks a "fantasic rate" ESPECIALLY considering its a pink sheet stock. Assuming the a worst case that the actual O/S was around 500M that would be very miniscule compared to pretty much every other pink sheet company. This company hasn't R/S'd in 3 years according to pinksheets. So I would venture to guess that what has been issued was out of pure neccessity as opposed to greed or any other factors which plague the OTC stock market.

I will give an example. Another stock currently on a pretty interesting run right now deals in Enzyme cleaners has issued nearly 1.5B shares in less than 16 months, and yet it is sitting at .01 right now from .0004 less than 1.5 months ago. Point is that share issuance isn't ALWAYS detrimental to stock pps. It all depends on the purpose and the outlook of the company.
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ThePennyTrader

02/01/09 12:06 AM

#4843 RE: Argyll #4838

I imagine you didn't read the word "expect" in that sentence. Yes he did use his own money to start the company, it then became a public company at which point the expectation of capital from future shareholders became a given. Why do you think companies become public? To raise capital and expand, so that those who started a company don't have to continue shelling out their own money.

Its a novel concept I know.
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stervc

02/01/09 12:18 AM

#4844 RE: Argyll #4838

Argyll, actually, with your DD...

I think the DD you posted was actually good. I think it is huge that they paid over $500,000 of their own money to develop the patents. That's securing their investment versus paying money out of their own pocket for salaries and other expenses. That to me means that they know where this is going and it won't be to remain at these levels in my opinion.

To reiterate what you posted...
Peter Dugan: "I developed the patent for Intellifares with my partner using our own money. We have invested over 500K of our own money into this operation."[/v]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35244393

v/r
Sterling